Canadians getting desperate about higher food prices

Almost 24 per cent now cutting back on food purchases, almost 70 per cent of whom are women

Canadians getting desperate about higher food pricesWhile inflation is showing signs of dissipating, food inflation appears to be on a totally different path. Food inflation has outpaced our general inflation rate for over 12 months now. Statistics Canada just announced that the food inflation rate for retail was 10.8 per cent and 7.4 per cent in food service. Canada ranks third…

To fight inflation, we have to measure it better

The method StatsCan uses to measure inflation bears no relationship to the reality Canadians face

To fight inflation, we have to measure it betterBy Nathalie Elgrably-Lévy and Valentin Petkantchin For several months now, rising prices have dominated public consciousness and raised anxiety in most households. Not for decades has Statistics Canada’s monthly inflation rate indicator been awaited with such rapt attention. This indicator is much like a thermometer monitoring a patient’s fever while under observation. Related Stories Food…

Ottawa should stop stoking food insecurity

Ottawa's taxes and regulations are driving up costs for farmers and the families that buy the food they produce

Ottawa should stop stoking food insecurityBy Robin Speer and Gunter Jochum Prime Minister Justin Trudeau is reassuring a hungry world he personally will “drive action on food security” while Canadian farmers will put food on their tables. But back home, his government makes pronouncements that are the policy equivalent of deflating the tires on tractors across Canada. The federal government’s…

Food inflation eases but some prices keep surging

Some trouble spots include dairy and bakery goods

Food inflation eases but some prices keep surgingStatistics Canada is reminding Canadians every month this year how painful their trips to the grocery store are. The retail inflation rate is at an astonishing 9.9 per cent, its highest point since 1981. And food inflation has exceeded the general rate since last December, which is why food prices are on everyone’s mind. Allegations…

What’s really behind higher milk prices

The Canadian Dairy Commission is morally and ethically compromised. It needs to distance itself from the dairy sector immediately

What’s really behind higher milk pricesEvery year, the Canadian Dairy Commission (CDC), a branch of the federal government, hires external consultants to assess the cost of producing milk on the farm. The CDC has never released any data about costing and has recommended farm milk price increases most years, eventually impacting retail prices and Canadian families. Since February, dairy product…

Light at the end of the food inflation tunnel?

Food inflation in Canada may have already peaked

Light at the end of the food inflation tunnel?Once again, the numbers coming out of Statistics Canada were discouraging. The food inflation rate in the country was 8.8 per cent in June, which is still higher than the general inflation rate. Everyone is affected by higher food prices. Americans learned last week that food inflation at the grocery store was 12.4 per cent,…

Has ‘greedflation’ driven up Canadian food prices?

Evidence of ‘greedflation’ is weak at best

Has ‘greedflation’ driven up Canadian food prices?By Sylvain Charlebois and Samantha Taylor Accusations of gouging in the food industry have reached an all-time high. According to a recent survey, 68 per cent of Canadians believe food corporations are taking advantage of the inflationary cycle to increase prices, and it’s not just in retail. Class-action lawsuits have been launched against the beef…

Why Sobeys had to dump Air Miles

The food we buy is always changing, so keeping customers engaged with brands is challenging

Why Sobeys had to dump Air MilesSobeys recently decided to dump Air Miles and start its own loyalty program. Empire Co. Ltd., Sobeys’ parent company, is joining the Bank of Nova Scotia and Cineplex as co-owners of the Scene+ program. This move by Sobeys is no coincidence. As we brace for higher food prices and cope with a post-COVID-19 workforce still…

It’s time for Canada’s protectionist barriers to fall

Supply management pushed up to 190,000 Canadians into poverty

It’s time for Canada’s protectionist barriers to fallBy Krystle Wittevrongel and Gabriel Giguère New Zealand had never launched a dispute under a free trade agreement until two weeks ago, on May 12, when it launched a trade dispute against Canada under the Trans-Pacific Partnership (TPP),  accusing our government of breaking its promises on dairy imports. This was also the first dispute launched…

Befriending self-checkouts seems inevitable

Consumers used to love to hate these machines. But things have changed

Befriending self-checkouts seems inevitableSelf-checkouts have long been an unloved tool in the world of retail. In the beginning, nothing worked as it should, especially at the grocery store where an order for 20 items brought a new form of despair. But even if the mere presence of self-checkouts bothered many consumers, Canadians have apparently befriended them in some…

Your standard of living has dropped under Trudeau

Liberal claims of “making life more affordable” since 2015 is hogwash

Your standard of living has dropped under TrudeauBy Franco Terrazzano and Kris Sims There was a clash between reality and the federal Liberal Twitter account last week. The self-congratulatory tweet claimed Liberals have been “making life more affordable” since 2015. When Canadians look at gas prices, grocery store receipts and mortgage payments, that claim might raise eyebrows. Does life feel more affordable…

How we can each deal with inflation

Buying only what we really need eases our budgets, simplifies our lives and cools the economy

How we can each deal with inflationInflation is a relatively new concept to younger people, who have never experienced the onslaught of rising prices. It’s chilling to those who have lived through or learned of times when hard-earned and well-saved money depreciated in value. Monetary policy in Canada aims to keep inflation at or under two per cent. The latest rate…

Meal kit market in Canada may have peaked

Industry facing headwinds as the economy trends back to normal

Meal kit market in Canada may have peakedMeal kits are to food what IKEA is to furniture: all you need to do is put things together. Meal kits empower consumers to feel like chefs, if only for a while. They have been popular, especially throughout the pandemic. Meal kits provide ideas, ways to manage your meals and some greatly needed inspiration for…

The world is running out of oil – vegetable oil

The entire planet will be impacted, one way or another

The world is running out of oil – vegetable oilIt’s funny how sometimes we take the simple things in life for granted. Cooking oil, or vegetable oil, is certainly one of them. Our appreciation for vegetable oil will likely reach new levels in months to come. Oil prices have increased by 25 per cent in just the last six months. While palm oil went…

How to cope when shortages become a problem

Demand is booming. It’s supply that is lacking

How to cope when shortages become a problemThis time it’s different. That statement should usually be taken with a grain of salt. But right now, it’s a very good description of what’s happening in the business environment. Market economies function by balancing supply and demand for goods, services and inputs such as labour. When trouble arises, it’s usually in the form of…
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